Global MEMS Pressure Sensor Market Size, Share, Analysis, Trends, Growth, 2032

MEMS Pressure Sensor Industry Prospective:

The global MEMS pressure sensor market size was worth around USD 2.81 billion in 2023 and is predicted to grow to around USD 4.82 billion by 2032 with a compound annual growth rate (CAGR) of roughly 6.30% between 2024 and 2032.

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MEMS Pressure Sensor Market: Overview

Micro-electro-mechanical (MEMS) pressure sensors, according to market research, are one of the oldest forms of MEMS devices produced in series production. They are currently available in different types, such as absolute or relative pressure measurement, and have shown extensive applications across major end-user industries. MEMS pressure sensors are used in medical devices, diagnostic imaging, wearables, and other modern equipment. The basic principle driving the demand for MEMS pressure sensors is that the technology is used for converting pressure or physical load into analog electrical signals.

When pressure applied to a surface changes, the pressure sensor membrane, a part of the device, changes its shape. The deflection range in the membrane’s surface is directly proportional to the electrical voltage signal. The key features of MEMS pressure sensors include their compact size, which is produced using highly advanced microfabrication methods.

Furthermore, the extensive applications of micro-electro-mechanical pressure sensors, such as in consumer electronics, automotive, and aerospace industries, are driving the industry demand rate. In addition, product innovation is projected to assist the market thrive during the forecast period. However, the high initial investment requirement is projected to impact the final revenue for MEMS pressure sensors.

Key Insights:

• As per the analysis shared by our research analyst, the global MEMS pressure sensor market is estimated to grow annually at a CAGR of around 6.30% over the forecast period (2024-2032)
• In terms of revenue, the global MEMS pressure sensor market size was valued at around USD 2.81 billion in 2023 and is projected to reach USD 4.82 billion by 2032.
• The MEMS pressure sensor market is projected to grow at a significant rate due to the increasing rate of innovation in the industry.
• Based on type, the silicon piezoresistive segment is growing at a high rate and will continue to dominate the global market as per industry projections.
• Based on application, the consumer electronics segment is anticipated to command the largest market share.
• Based on region, North America is projected to dominate the global market during the forecast period.

MEMS Pressure Sensor Market: Growth Drivers

Increasing rate of innovation in the industry to drive market expansion rate

The global MEMS pressure sensor market is expected to grow due to the rising rate of innovation in the industry. MEMS pressure sensor manufacturing companies are actively investing in deploying more compact yet powerful solutions as the demand from end-user industries continues to evolve. Key areas of MEMS pressure sensors receiving focus from designers include heightened sensitivity, better functionality, smaller package size, and smaller chip size.

Advancements in microfabrication technologies with the help of Artificial Intelligence (AI) and automation systems will aid the production of improved MEMS pressure sensors in the coming years. In January 2024, Melexis, one of the world's leading suppliers of MEMS solutions, announced the launch of MLX90830, equipped with the company’s latest Triphibian technology.

According to market experts, the new product is expected to revolutionize the MEMS pressure sensor sector since it can handle liquid and gas media measurements from 2 to 70 bar. The complete module consisting of MLX90830 is highly cost-effective as it allows simplified system integration in thermal management systems and electric vehicles (EVs).

In September 2024, Coretronic MEMS Corporation (CMC), a subsidiary of Coretronic (5371), launched the Ultra-Low Differential Pressure Sensor. The device is expected to be used in the high-end wearables industry across major markets and the automotive equipment industry.

Growing applications in the aerospace industry to create a higher product demand rate during the projection period

One of the leading consumers of MEMS pressure sensors is the global aerospace industry. The compact device is used for measuring several pressure-based components of an aircraft such as pressure index inside the aircraft cabin. The global aerospace industry is witnessing an increase in the number of safety-related strict laws as the rate of aircraft-related incidents has surged in the last few years.

The global MEMS pressure sensor market can benefit from these new safety initiatives and policies, as the sensors are critical to ensuring passenger safety in flight. The increasing manufacturing of new aircraft as the aviation industry continues to grow will further generate more applications of compact sensors.

MEMS Pressure Sensor Market: Restraints

Hefty initial investment to limit market expansion in the coming years

The global MEMS pressure sensor industry is projected to be restricted due to the high cost of initial investment required to develop a robust production site and a functional supply chain. The production process of MEMS pressure sensors mimics that of semiconductor fabrication, requiring the use of a cleanroom environment and other costly production processes. The hefty initial investment limits the entry of new players. Furthermore, MEMS pressure sensors are complex to design and develop. The complexities become more difficult to manage due to the rising demand for smaller and more effective pressure sensors.

MEMS Pressure Sensor Market: Opportunities

Advancements in the automotive industry to generate growth opportunities according to analysis

The global MEMS pressure sensor market is expected to generate growth opportunities due to the rising advancements in the automotive industry. One of the key applications of the pressure sensing device is as a part of the Tire Pressure Monitoring Systems (TPMS). MEMS pressure sensors detect and communicate changes in tire pressure, thus improving passenger safety and the overall efficiency of the vehicle.

Furthermore, MEMS pressure sensors are also used during airbag deployment in case of an accident as well as brake systems. Automotive companies rely heavily on highly functional MEMS pressure sensors due to the device's versatility and precision in monitoring pressure across several components of the vehicle. Regional governments are extensively supporting the domestic automotive industry, especially in emerging nations, to attract foreign investments and encourage local investors.

In addition to this, the new pressure sensors are also applied in electric vehicles (EVs), including commercial and passenger automotives. The EV sector is expected to promote higher investments in the global auto sector, propelling demand for EV-compliant MEMS pressure sensors and opening new avenues for higher growth. In the last 10 years, China has spent nearly USD 230.5 billion in the regional EV sector.

MEMS Pressure Sensor Market: Challenges

Availability of several alternatives and limited adoption of MEMS-based sensors will challenge market expansion

The global MEMS pressure sensor industry is expected to be challenged by the availability of several alternatives to the sensors. For instance, some of the popular substudies to MEMS pressure sensors include optical pressure sensors and thermal pressure sensors. In addition, the industry for MEMS pressure sensing devices has limited applications, further restricting the industry’s growth rate.

MEMS Pressure Sensor Market: Report Scope

MEMS Pressure Sensor Market: Segmentation

The global MEMS pressure sensor market is segmented based on type, application, and region.

Based on the type, the global market segments are silicon capacitive and silicon piezoresistive. In 2023, the highest growth was listed in the silicon piezoresistive segment due to the excellent versatility of the device to deliver optimal performance across environmental conditions. Furthermore, silicon piezoresistors enjoy the benefits of a mature market with extensive demand across major industries, including automotive and consumer electronics. The biomedical sector, which is currently worth USD 14 billion, is expected to promote higher demand for MEMS pressure sensors in the coming years.

Based on the application, the MEMS pressure sensor industry divisions are industrial, medical, aerospace & defense, automotive, and consumer electronics. In 2023, the highest demand was listed in the consumer electronics segment. The surging demand for wearables equipped with MEMS pressure sensors was critical to segmental revenue. The aerospace & defense segment is expected to deliver the fastest CAGR during the forecast period. In 2023, the US invested more than USD 20.01 billion in foreign direct investment (FDI) in the aerospace sector.

MEMS Pressure Sensor Market: Regional Analysis

North America to deliver the highest revenue during the forecast period

The global MEMS pressure sensor market is expected to be led by North America during the forecast period. The US will deliver the highest regional market revenue propelled by the massive growth rate observed in the country’s aerospace industry. The US is home to one of the world’s two largest aircraft-producing companies, Boeing. In 2023, the company delivered more than 520 commercial aircraft, according to official reports.

In December 2024, Pegasus Airlines, an affordable Turkish airline, announced that it had ordered around 200 Boeing 737-10 airplanes as the carrier plans to expand its business operations. In addition to this, aircraft manufacturing companies operating in the region are seeking new solutions that can improve the vehicle’s fuel efficiency further creating more demand for MEMS pressure sensors.

Europe is another prominent player and it is expected to deliver significant growth revenue during the forecast period. In May 2023, STMicroelectronics, a Geneva-based multinational company, announced the launch of the industry's first MEMS water/liquid-proof absolute pressure sensor. The company has declared a 10-year longevity program for the product thus making new innovations in the industry.

MEMS Pressure Sensor Market: Competitive Analysis

The global MEMS pressure sensor market is led by players like:

• Omron Corporation
• Bosch Sensortec GmbH
• Melexis NV
• Alps Alpine Co. Ltd
• Murata Manufacturing Co. Ltd
• Honeywell International Inc.
• Infineon Technologies AG
• Amphenol Advanced Sensors (Amphenol Corporation)
• ROHM Co. Ltd
• Sensata Technologies Inc.
• InvenSense Inc. (TDK Corporation)
• Goertek Inc.
• NXP Semiconductors NV
• STMicroelectronics NV
• TE Connectivity Ltd.

The global MEMS pressure sensor market is segmented as follows:

By Type

• Silicon Capacitive
• Silicon Piezoresistive

By Application

• Industrial
• Medical
• Aerospace & Defense
• Automotive
• Consumer Electronics

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa